A young professional, according to Urbandictionary.com, is a "recent college graduate whose main objectives in life include: career advancement, becoming financially secure, spending too much of their yearly income on expensive clothing and maintaining a busy social life." In November 2007, Forbes Magazine published the list of best cities for young professionals. The top five cities on that list are New York City, San Francisco, Atlanta, Los Angeles and Washington, D.C.
New York City
New York City, known as the Big Apple, is a major centre for business, fashion, entertainment and publishing. New York City is America's largest city with a population of more than 8,000,000. It is home to more than 45 Fortune 500 companies. With such a bustling environment and countless cultural attributes, New York City is the number one place for young professionals. One major downfall to New York City for young professionals is the extreme cost of living. It is one of the world's most expensive cities to live in.
San Francisco has a population of more than 800,000 people, has the 16th highest number of Fortune 500 companies and attracts the second highest number of new college graduates. San Francisco has an extremely high cost of living; however, the high salary starting point helps to balance the expense. San Francisco rates number one on the Forbes list of the highest starting salaries in cities. San Francisco is also replete with culture and entertainment, and its oceanside setting attracts many people.
Atlanta is considered the capital of the South. It is the largest city in the southeast with more than 500,000 people in the city and more than 5,000,000 in the metropolitan area. Atlanta has the fifth most Fortune 500 companies, including Coca-Cola, Delta, Aflac, SunTrust and Rubbermaid. Atlanta also stands out for its high starting salaries and relatively low cost of living. With rich culture, stunning skyline and the world's busiest airport, it is no wonder that Atlanta ranks number three on the Forbes list.
Los Angeles is the home of the entertainment industry and is a major attraction for young professionals. With a population of nearly 4,000,000 and more than 6 Fortune 500 companies in the area, Los Angeles is a haven for young professionals. Los Angeles also offers culture, nightlife and a favourable climate that attracts many yuppies.
America's capitol city rounds out the top five. Washington, D.C., has a plethora of Fortune 500 and government jobs. Washington, D.C., has nearly 600,000 living in its city limits. With a bustling nightlife and rich cultural heritage, the District is one of the best cities for young professionals.